According to a new report, published by KBV research, The Global Vision Sensor Market size is expected to reach $8.2 billion by 2030, rising at a market growth of 11.3% CAGR during the forecast period.
The 3D segment is experiencing a CAGR of 11.7% during (2023 - 2030). 3D vision sensors offer improved object recognition and localization capabilities compared to traditional 2D vision sensors. The ability to perceive depth information allows for more accurate identification and tracking of objects in three-dimensional space. This is particularly valuable in applications such as robotics, where precise object manipulation is essential. 3D vision sensors are critical in providing precise navigation for autonomous vehicles. These sensors enable vehicles to perceive the three-dimensional environment, accurately detect obstacles, and navigate complex scenarios. The use of 3D vision sensors contributes to advancing technologies in self-driving cars and drones.
The Automotive segment is leading the Global Vision Sensor Market by End User in 2022; thereby, achieving a market value of $2.5 billion by 2030. Vision sensors are integral to collision avoidance systems, helping vehicles detect and respond to potential collisions with other vehicles, pedestrians, or obstacles. Vision sensors are vital in parking assistance systems and surround view cameras. These sensors provide real-time visual information, assisting drivers in maneuvering and parking in tight spaces. Multiple cameras create a 360-degree view of the vehicle, enhancing safety and reducing the risk of collisions during parking.
The Gauging segment is registering a CAGR of 12.1% during (2023 - 2030). Vision sensors in the gauging segment are extensively used for dimensional inspection in manufacturing processes. They measure critical dimensions of components, ensuring that parts meet specified tolerances and adhere to quality standards. This is crucial in the automotive, aerospace, and electronics manufacturing industries. Gauging vision sensors contribute to flatness and surface profiling applications. They assess the flatness of surfaces and measure variations in surface profiles, ensuring that surfaces meet specified quality standards. This is relevant in industries such as semiconductor manufacturing and precision engineering.
Full Report: https://www.kbvresearch.com/vision-sensor-market/
The Asia Pacific region dominated the Global Vision Sensor Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.1 billion by 2030. The Europe region is poised to grow a CAGR of 10.6% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 10.8% during (2023 - 2030).
By Sensor Type
By End User
By Application
By Geography